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Truck and Track June/July 2017 10
BUSINESS NEWS
Tibbett Logistics, the Romania-based transport, intermodal
and contract logistics specialist within the Keswick Enterprises
Group, is further extending its warehousing operations in
Romania with the signing this week of two new long-term
leases with the Central European industrial property developer
CTP.
In the first development, Tibbett Logistics has agreed a multi-year
extension to the lease at its existing 10,000 m2 facility at Bolintin
Vale – which is currently operated on behalf of multiple customers.
It includes the possibility of extending the building further.
Tibbett Logistics has for some time provided storage, order-picking
and distribution services from Bolintin Vale for customers in the
retail, automotive and FMCG sectors. More recently the site has
become the centre of its B2B and B2C e-commerce fulfilment
operations. Going forward, the location will focus on the retail
sector, and in particular the provision of storage, picking, store
delivery and e-fulfilment operations for Auchan.
In the second development, Tibbett Logistics has signed a new long-
term lease with CTP on a 7,500 m2 warehouse 2km from Bolintin
Vale – to be known as Bucharest West (as pictured here). Some
of the company’s beverage and food clients will be based there –
including Coca-Cola and ED&FMan – as well as further e-fulfilment
activities.
This additional Bucharest site takes the number of Tibbett Logistics’
warehousing locations in Romania to 14, and the company now
operates a total of 111,250 m2 (1,200,000 ft2) of Class A multi-
user and dedicated warehousing – including rail-connected and
temperature-controlled.
Tibbett Logistics’ CEO David Goldsborough commented: “In recent
years we have opened at least two new warehousing locations a
year inRomania, so I amdelighted to report that already in2017we
have extended our lease at one site and added a brand new facility.
I am looking forward to announcing further site developments
soon.”
Tibbett Logistics specialises in providing intermodal logistics and
extensive supply chain management services to the automotive,
DIY, food and grocery, textiles, retail and other FMCG sectors across
Romania and elsewhere in south-eastern Europe. Employing over
1250 people, the company operates a distribution fleet comprising
tilt trailers, double- and triple-chamber reefers and container
chassis – along with its own intermodal rail wagons.
Tibbett Logistics is wholly owned by the Keswick Enterprises Group,
a UK-based private equity company specialising in logistics and
supply chain-related services. Formed in 2004, the Group makes
strategic investments and acquisitions in supply chain-related
companies, where, through proactive management, it can add
know-how and experience. It reinforces incumbent managements
and invests resources to extend capabilities.
Tibbett Logistics expands warehousing capacity
in Romania
DKVEuroServicehas attractedRémyVermunt as itsnewRefund
specialist. As a member of the DKV Benelux team, he will assist
customers in reclaiming the VAT on their foreign purchases of
goods and services.
Gertjan Breij, Managing Director of DKV Euro Service Benelux,
comments: “We are fully aware that our customers deploy
specialists for reclaiming their VAT and diesel duties. By adding
Rémy to our team, we have
aimed our focus even more on
compliance for the benefit of
our customers, one of DKV’s
core values.”
Rémy Vermunt: “When you
appoint specialists to provide
these services, it will boost
conversion. At DKV we notice
that conversion to the Refund
program has now increased
from 30% to as much as 40%.
I am pleased to support our
account managers in the areas of marketing, communications and
sales, in order to give these figures an even further boost.”
DKV – in collaboration with Remobis – offers its customers
refunding and prefunding of VAT: in the case of diesel duties, only
refunding is possible.
In the prefunding scheme, DKV instantly credits the VAT amounts
on an invoice to the customer’s DKV account. Thus companies do
not have to wait for refunding of the foreign VAT paid by them,
which affords huge liquidity benefits.
In fact many transport firms are unaware of the possibility of
reclaiming the diesel duties included in their diesel payments.
The following example illustrates the potential amounts to be
gained by customers of DKV. Belgium’s diesel duty rate is 16.05
cents per litre. Accordingly, if 200,000 litres of diesel are fuelled
annually in Belgium, potential savings of 32,100 Euros would be
reclaimed through DKV.
If your company is interested in learning more about the Refund
services offered by DKV, email
or visit
Rémy Vermunt
DKV hires VAT Refund specialist to aid customers
The new Bucharest West warehouse of Tibbett Logistics